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| | Strategic Alignment Between ePolicy and Republic Indemnity Announced By Robert Warne - May 17, 2001ePolicy.com Insurance Services Inc. signed an agreement with Republic Indemnity Co. to offer Workers' Compensation insurance, loss control and claims management services to ePolicy's customers. This arrangement expands ePolicy’s long list of high-quality and low-cost property and casualty insurance products from "A" rated carriers.
Announced May 16, this new alignment will provide products to customers in the following 12 states: Alaska, Arizona, California, Colorado, Idaho, Kansas, Missouri, Montana, New Mexico, Nevada, Oregon and Utah. California customers will have access to Republic Indemnity's Internet claims reporting site, enabling them to report claims 24 hours per day, seven days a week and obtain the status of claims directly from Republic Indemnity's corporate Web site.
"Republic Indemnity's products are significant tools in helping ePolicy meet the business needs of its customers in a variety of industries, especially in California's challenging WC marketplace where compliance means the mandatory purchase of a WC policy," said ePolicy CEO Don Martin.
ePolicy uses proprietary technology to streamline the application and policy writing process. It aims to deliver high-quality insurance programs in a matter of minutes instead of days, while providing support through its customer care center.
"Republic Indemnity takes pride in providing quality loss control and claims management services at the lowest possible cost to its customers," said Dwayne Marioni, CEO of Republic Indemnity. "Our alliance with ePolicy enhances our ability to meet the needs of our customers quickly and efficiently."
ePolicy has established key relationships with 13 top-rated insurance carriers, including ACE USA Group, American International Group Inc. (AIG), Fireman's Fund Insurance Company, Interstate Insurance Group, Kemper Insurance Companies, Philadelphia Insurance Companies, Republic Indemnity, St. Paul Companies, TIG Specialty Insurance Solutions, Zurich North America, and others.
Currently, ePolicy provides small business owners insurance (BOP), WC insurance, commercial auto insurance, commercial umbrella insurance, and professional liability insurance for more than 300 classes of professionals. Through ePolicy, carriers can reach the highly fragmented and underserved small business insurance market.
All insurance services are provided by ePolicy.com Insurance Services Inc., doing business in New York as ePolicy.com Insurance.
Republic Indemnity Company of America and Republic Indemnity Company of California are subsidiaries of American Financial Group Inc. (NYSE:AFG). Founded in 1945 and headquartered in Encino, Calif., Republic Indemnity holds an "A" (Excellent) rating from A.M. Best. In 1999, Republic Indemnity wrote $218.6 million in premiums representing virtually every industry group. |